The 10-year Treasury yield rose to its highest level since 2007 amid concerns the Fed will keep interest rates higher for longer.
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Stock Picks
The defense contractor’s shares are cheap and the company is growing faster than its peers.
Long readU.S. Stock Movers
Intel acquired the business when it bought Altera for $16.7 billion in 2015.
1 minAmazon shares are down 15% over the last few weeks. Bulls see a buying opportunity ahead of earnings.
3 minTechnology companies lost their momentum in September. Melius Research’s Ben Reitzes is bullish on two that could shine in the final quarter of the year.
2 minThe company is charging more for ad-free monthly subscriptions. The cost of ad-supported service isn't changing.
3 minThe carrier on Tuesday said it secured 50 Boeing 787-9s aircrafts to be delivered from 2028 to 2031, and 60 Airbus A321neos units for delivery between 2028 to 2030.
1 minThe department store has opened about 15 off-mall locations since 2020 as part of a new strategy to revitalize its business.
2 minThe seasonings maker's sales for the Asia-Pacific region decline 16% from last year.
1 minFast-casual-dining chain Chipotle is also testing out robots to help make tortillas and guacamole.
1 minTravel demand has jumped as people chose to go on vacations after largely being stuck at home during the pandemic.
1 minShort-term office rental firm WeWork says it declined to make an interest payment due on its debt yesterday as the company seeks to restructure the balance sheet.
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The company disclosed its deliveries for the third quarter, showing 33% growth in shipments of EVs from a year earlier.
2 minAnalysts are weighing in on the results and looking past the third-quarter numbers that were wide of expectations.
4 minTesla quietly relaunches a rear-wheel-drive version of its popular Model Y car in the U.S. The car starts at $43,990. It's great for car buyers. Whether or not it's great for investors is tougher to say.
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